Pgim Aaa Clo Etf $PAAA is Tanglewood Legacy Advisors LLC’s 5th Largest Position

Tanglewood Legacy Advisors LLC cut its holdings in Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 28.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 146,248 shares of the company’s stock after selling 57,506 shares during the period. Pgim Aaa Clo Etf comprises about 2.9% of Tanglewood Legacy Advisors LLC’s holdings, making the stock its 5th largest position. Tanglewood Legacy Advisors LLC owned about 0.15% of Pgim Aaa Clo Etf worth $7,532,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in PAAA. CWM LLC acquired a new position in Pgim Aaa Clo Etf during the third quarter worth about $26,000. AE Wealth Management LLC purchased a new position in shares of Pgim Aaa Clo Etf during the 3rd quarter worth approximately $42,000. Team Financial Group LLC purchased a new position in shares of Pgim Aaa Clo Etf during the 3rd quarter worth approximately $74,000. J.Safra Asset Management Corp raised its position in shares of Pgim Aaa Clo Etf by 114.6% during the 3rd quarter. J.Safra Asset Management Corp now owns 2,423 shares of the company’s stock worth $125,000 after purchasing an additional 1,294 shares during the last quarter. Finally, Register Financial Advisors LLC lifted its stake in Pgim Aaa Clo Etf by 80.5% in the 3rd quarter. Register Financial Advisors LLC now owns 2,708 shares of the company’s stock valued at $139,000 after buying an additional 1,208 shares in the last quarter.

Pgim Aaa Clo Etf Trading Up 0.0%

Shares of NYSEARCA:PAAA opened at $51.42 on Friday. The business’s fifty day moving average price is $51.36 and its two-hundred day moving average price is $51.37. Pgim Aaa Clo Etf has a one year low of $50.44 and a one year high of $52.06.

Pgim Aaa Clo Etf Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid a dividend of $0.1933 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

Pgim Aaa Clo Etf Profile

The PGIM AAA CLO ETF (PAAA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that holds USD-denominated collateralized loan obligations with AAA credit rating. Securities are selected using both top-down analysis and bottom-up research. PAAA was launched on Jul 19, 2023 and is issued by PGIM.